Smithfield Foods (SFD) grants stock options and RSUs to senior executive
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SMITHFIELD FOODS INC President, North America Pork, Owens Donovan received equity-based compensation on March 10, 2026. He was granted 78,637 shares of Common Stock as restricted stock units that vest in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028, subject to continued service.
He was also granted stock options for 209,409 shares of Common Stock at an exercise price of $23.76 per share, expiring March 10, 2036, which vest in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028. Following these grants, he directly holds 155,637 shares of Common Stock and 602,306 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Owens Donovan
Role
President, North America Pork
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 209,409 | $0.00 | -- |
| Grant/Award | Common Stock | 78,637 | $0.00 | -- |
Holdings After Transaction:
Stock Option (Right to Buy) — 602,306 shares (Direct);
Common Stock — 155,637 shares (Direct)
Footnotes (1)
- Represents an award of restricted stock units ("RSUs"). Each RSU represents a contingent right to receive one share of Common Stock. The RSUs will vest in three equal annual installments on the date of grant, March 10, 2027, and March 10, 2028, subject to the Reporting Person's continuous service through such dates. The stock option shall vest in three equal annual installments on the date of grant, March 10, 2027, and March 10, 2028, subject to the Reporting Person's continuous service through such dates.
FAQ
What insider transactions did Smithfield Foods (SFD) report for Owens Donovan?
Owens Donovan received equity grants on March 10, 2026, including stock options and restricted stock units. These awards are compensation-based acquisitions, not open-market purchases or sales, and are subject to multi‑year vesting tied to his continued service with Smithfield Foods.
How many Smithfield Foods (SFD) stock options were granted to Owens Donovan?
Owens Donovan was granted 209,409 stock options for Smithfield Foods Common Stock at an exercise price of $23.76 per share. The options vest in three equal annual installments and are scheduled to expire on March 10, 2036, assuming continuous service.
What restricted stock units did Owens Donovan receive from Smithfield Foods (SFD)?
He received 78,637 restricted stock units, each representing one share of Smithfield Foods Common Stock. The RSUs vest in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028, contingent on his continued service with the company.
Is the Smithfield Foods (SFD) Form 4 transaction a stock purchase or sale?
The Form 4 shows compensation-related grants, not market trades. Owens Donovan acquired restricted stock units and stock options as awards, with no cash purchase or open-market sale, and vesting depends on his continued employment with Smithfield Foods over several years.
When do Owens Donovan’s new Smithfield Foods (SFD) equity awards vest and expire?
The RSUs and stock options each vest in three equal annual installments on the grant date, March 10, 2027, and March 10, 2028. The stock options carry an expiration date of March 10, 2036, providing a long-term exercise window.